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Jan 25, 2013
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payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents
payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little...
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Jan 25, 2013
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that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on the taxing side but certainly on the expenditure side. i'm dying to hear the -- to hear the expenditure and less spending side. i agree with that. but i'm not -- i'm not -- i wouldn't use the term disappointed until this whole process is over. i don't think we're in the -- i don't think we're in the seventh inning of this process. >> yeah. >> because at this point, we're -- >> at this point we're at, you know, simpson-bowles and rivlin domenici and the gang of all of these the idea was to get rid of a lot of the deductions and loopholes, so that you could broaden the base with a lower
that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on...
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Jan 25, 2013
01/13
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the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in other words who are the biggest stakeholders you want to reach that you haven't reached yet that haven't been as generous as they could? is this process harder as we see austerity taking place all around the world? >> well, the money that helps out the poorest overwhelmingly comes from government aid budgets and so what kind of priority that gets say in the u.s. budget process over the next four or five years i'd say is pretty unclear. will the generosity go up? will it be cut proportionately? or will it suffer a disproportionate cut, you know? unless we tell the aids story very well, you know, i'd be quit
the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in...
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Jan 25, 2013
01/13
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in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how schlumberger can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications for autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. more homes means more retailers doing business to fix those homes, and it means more businesses for the banks, the processed home loans and that group gets
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
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Jan 25, 2013
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it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company that delivers som
it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in...
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Jan 25, 2013
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if they wanted to bring it back, they have to pay an additional 20% tax right now. unless the tax laws are changed through repatriation, i think that cash is just going to sit there offshore. >> or do another skype deal where they use that cash? >> you could use it, particularly for offshore acquisitions. but for the most part i think it's not able to benefit shareholders. it's just sitting there offshore in mostly government bonds offshore. they could bring it back. i think what would be most likely would be a much more aggressive share repurchase. they won't do a one-time dividend like they did years ago. >> your sneaky long is up 1.5%, rick. thanks for stopping by. >> thank you. >> rick sherlund. >>> what do family ties and initial public offering have in common? we'll find out when the ceo of bright horizons joins us next. say farewell to secretary geithner. we'll talk about his legacy and the challenges for his successor, jack lew. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new p
if they wanted to bring it back, they have to pay an additional 20% tax right now. unless the tax laws are changed through repatriation, i think that cash is just going to sit there offshore. >> or do another skype deal where they use that cash? >> you could use it, particularly for offshore acquisitions. but for the most part i think it's not able to benefit shareholders. it's just sitting there offshore in mostly government bonds offshore. they could bring it back. i think what...
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Jan 25, 2013
01/13
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we shouldn't be talking about protecting the wealthy from raising taxes. we should be talking about a tax code that promotes economic growth, and that lifts all boats. tax code that is fair for everyone and promotes economic growth, it's going to create more jobs, it's going to create better jobs t will allow people to move into the middle class so the bottom line it's about taxes, it's about an overbearing government but it's really about how we communicate it. are we really protecting a certain segment of taxpayers or are we looking to have a tax code that promotes economic growth. it's a great history in our party of people like a jack kemp who knew how to speak to folks in a way that was really understandable and reached every man and i think that's what we have to get back to, that rhetoric, that kind of conversation that really reaches people where they live, that it's about jobs, it's about opportunity, it's about the rising of the american dream. >> senator mel martinez, former rnc chairman and former florida senator nice to see you as always. than
we shouldn't be talking about protecting the wealthy from raising taxes. we should be talking about a tax code that promotes economic growth, and that lifts all boats. tax code that is fair for everyone and promotes economic growth, it's going to create more jobs, it's going to create better jobs t will allow people to move into the middle class so the bottom line it's about taxes, it's about an overbearing government but it's really about how we communicate it. are we really protecting a...
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Jan 25, 2013
01/13
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he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study georgia closely. >> absolutely. one of the first states i campaign in. he said it has been a really outstanding conservative member before i got to know him. as well as the united states senate. he is on the farm bills and authored most of the authorization bills. clearly his decision is personal i'm sure. he is frustrated with washington, d.c. and members of both parties are frustrated with the gridlock. the republicans will nominate somebody in main street, but while georgia is the so-called red state, president obama was able to get more than 45% of the vote there. i assume
he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study...
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Jan 25, 2013
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the other bucket is increasing taxes. if you think you can get this all done, to the amount we have to do with, let's say, a ten-year program, you're going to have to dig very deep. we need a third bucket and it is sitting right there and we should use it. it is energy. fracking, for example, has created 1.75 million jobs. billions and billions of dollars going to the states and federal coffers. we have more energy than anybody in the world and if we, in an environmentally friendly way, acquire it, go on the federal lands, do it in the right way, we'll get that extra piece of cash, and bring manufacturing and jobs back to the united states or create them in the united states because of our energy. >> the last four years of the obama presidency was marred by not great relationships between the business community and the administration. you are one of the key faces of the business community. have you reached out to the president or has he reached out to you since his election to say let's make this four years look very diff
the other bucket is increasing taxes. if you think you can get this all done, to the amount we have to do with, let's say, a ten-year program, you're going to have to dig very deep. we need a third bucket and it is sitting right there and we should use it. it is energy. fracking, for example, has created 1.75 million jobs. billions and billions of dollars going to the states and federal coffers. we have more energy than anybody in the world and if we, in an environmentally friendly way, acquire...
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Jan 25, 2013
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than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul reya, sorry ryan. if you don't include social security and medicare on the takers list you can't get to romney's more generous 47% taker to maker ratio. if takers were just welfare recipients it was 2%. i have to tell you nobody ever won an election demonizing such a small percentage of americans. well, hardly anyone. [ laughter ] the idea that republicans characterized even social security and medicare as halmakes of a takers society -- hallmarks of a taker society i'll let the speakers describe it. >> we built it. >> you better bel
than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul...
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Jan 25, 2013
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where do you go if you want a tax break? the government. where do we go if you want a handout to de-government. this must stop. government is the unleveller of the playing field. this is a pact with ford for the american party that honors our principles and the american people and one that will help us not only when the argument but help us win elections. let me conclude by making this observation -- america is facing her greatest joys in the hours to come very weak and either go down the government that or we can go down the american past. the lesson is to turn the contest into the present. we believe as conservatives that freedom incentivizes ordinary people to do extraordinary things and that makes america an exceptional nation. in the last few years, it has become fashionable to talk about american exceptionalism, the idea that this country is better and different than any other on the planet. as republicans, we have criticized president obama for not believing in embracing american exceptionalism. it is imperative that we promote ameri
where do you go if you want a tax break? the government. where do we go if you want a handout to de-government. this must stop. government is the unleveller of the playing field. this is a pact with ford for the american party that honors our principles and the american people and one that will help us not only when the argument but help us win elections. let me conclude by making this observation -- america is facing her greatest joys in the hours to come very weak and either go down the...
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Jan 25, 2013
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 25, 2013
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you see that in our tax code. our tax code is so complicated because there are so many giveaways to the special interest groups or the well-connected that don't privilege americans that work hard and try to put food on the table. >> i have often wondered and explored this if people have an appetite for limited government? americans in general, the government keeps getting bigger. we struggle to obtain the a slower right of growth, which is a great vibtry in a way it is. have you found an appetite for limited government? or limited government for others and not for themselves? >> i believe so. i said often times in the campaign trail that the constitution is very popular and big government is not popular. that is where we should anchor our program and policies. you saw this in the president's speech on monday even though it was a very liberal speech. he didn't call for big government. >> the inaugural address? >> yeah, the inaugural address. that's because he knows what bill clinton knew in 1996, that big governmen
you see that in our tax code. our tax code is so complicated because there are so many giveaways to the special interest groups or the well-connected that don't privilege americans that work hard and try to put food on the table. >> i have often wondered and explored this if people have an appetite for limited government? americans in general, the government keeps getting bigger. we struggle to obtain the a slower right of growth, which is a great vibtry in a way it is. have you found an...
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Jan 25, 2013
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i do not think we can continue to tax the american economy. it is about prioritizing spending. i am a fiscal conservative it. we have to get our spending under control. will you utilize your position to encourage the president to work with us and good faith to solve the debt and deficit issue? >> i spent six months or five months as a member of the super committee. i put an enormous amount of energy and help that we would be able to get the big bargain, granted deal. i am not here to go through all the details what we did not. there was a very hard line, not negotiating position that prevented us from being able to come to an agreement which, incidentally, she we just came to. we can do it with far less on the table and far less accomplished that we would have if we can to the agreement six months ago or one year ago. my hope is, yes, i will weigh in on that to a degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot reduce the funding for some of these initiatives that we are engaged in without great cost to our
i do not think we can continue to tax the american economy. it is about prioritizing spending. i am a fiscal conservative it. we have to get our spending under control. will you utilize your position to encourage the president to work with us and good faith to solve the debt and deficit issue? >> i spent six months or five months as a member of the super committee. i put an enormous amount of energy and help that we would be able to get the big bargain, granted deal. i am not here to go...
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Jan 25, 2013
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cahoots with a biased media and to concentrate all power on the central government in washington with the tax and spend liberals. everyone of those phrases is contemporary. it is and attitude for more than a judgment that shuts us off from accurate history and from their promise of democracy. i am hoping this issue focusing on race and people's resistance to discuss race, to insist that race is salt and it is unsolvable -- is solved. they're both mean we do not need to discuss it. this issue discusses it. when we do discuss it, when we learn things, that is when good things happen. that is the doorway to the promise of freedom. america is still not there yet. i hope we can take advantage of this time. we're marching through these 50- year anniversaries. bring our history back into balance and address the problems of the future with intelligence and with patriotism. thank you. [applause] >> good morning. >> good morning. >> i'm so happy that amtrak or marc got itself together. it was wonderful to hear the comments that have been made so far. greeting is on behalf of the kellogg foundation. i a
cahoots with a biased media and to concentrate all power on the central government in washington with the tax and spend liberals. everyone of those phrases is contemporary. it is and attitude for more than a judgment that shuts us off from accurate history and from their promise of democracy. i am hoping this issue focusing on race and people's resistance to discuss race, to insist that race is salt and it is unsolvable -- is solved. they're both mean we do not need to discuss it. this issue...
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Jan 25, 2013
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this is why we want to do tax reform, real tax reform, fundamental tax reform that puts our tax code on a 21st century basis that promotes american competitiveness and growth. now, historically -- and i went back and read a crs report -- short-term debt limit increases have been used just by time in order to get to a point where you couple it with real spending reforms. this has happened historically. am i correct? >> yes. >> so we're not talking about something out of the ordinary as we talk about this current proposal on the table. but i want to go back, mr. hoagland, to prioritization because we know there are extraordinary measures already being done by treasury. and prioritization would -- we wouldn't have to be in this crisis if the president had come forward with a real plan. he's had opportunities with four budgets and hasn't done that and has continued to perpetuate the problem. now, we're caught now in a situation where we're waiting with the budget and the timing, but the bottom line is this, we don't need to be in this -- we didn't need to be in this crisis, but we find o
this is why we want to do tax reform, real tax reform, fundamental tax reform that puts our tax code on a 21st century basis that promotes american competitiveness and growth. now, historically -- and i went back and read a crs report -- short-term debt limit increases have been used just by time in order to get to a point where you couple it with real spending reforms. this has happened historically. am i correct? >> yes. >> so we're not talking about something out of the ordinary...
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Jan 25, 2013
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whenfamine cam egyptwa read th peoplhavegive u seve yearsof extra taxes leusfollowthwisdom o joseph pay dunn ourdebt andstor upreserves against the leanertimethat wll surely follow. in the midst oth great depressionfranklin roosevel sai mysteriouscyclin"human events". tosome generations muc i given. much o other generations much i expected. thisgenerationha rendezvous witdestiny. we righthere i california, havesuchrendezvous wit ou own destiny al aroun uwesedoub anskepticism aboutou future and tha o america's. but we hav accomplishe together allthpeoplein this room,anwhat you accomplished comin u indeed thewhol history o california belie suc pessimism. rememberho californi began. in1769 under kincharle th iii orderwereissued to jos degalvez. visitor genera o california occupy andfortifsan dieg anmontereyfogod anth crowofspai gaspar and the a smallband ofbravme madtheiwa slowlynortalon unchartere path. eventuallytheyreache montereyan couldn' recognize th bay ith dense fog. with their suppliefailin theymarche bacto san diego. forcedtoeathfles o emaciate pacmuletostay alive. umdauntehe sen
whenfamine cam egyptwa read th peoplhavegive u seve yearsof extra taxes leusfollowthwisdom o joseph pay dunn ourdebt andstor upreserves against the leanertimethat wll surely follow. in the midst oth great depressionfranklin roosevel sai mysteriouscyclin"human events". tosome generations muc i given. much o other generations much i expected. thisgenerationha rendezvous witdestiny. we righthere i california, havesuchrendezvous wit ou own destiny al aroun uwesedoub anskepticism aboutou...
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Jan 25, 2013
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the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her future of america. but we have accomplished together all the people in assuming that you'll accomplish coming up. indeed the whole history of california belies such pessimism. i wonder how california began. in 1769 under king charles the third, orders were issued to dekalb ace, occupy important sites, san diego monterey for the crown of spain. his brave men made their way slowly north along an unchartered pass. eventually they reached moderate, could recognize that they had identified him as supplies failing, they marched san diego. for us to eat the f
the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her...
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Jan 25, 2013
01/13
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solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally we just came to. but we can to this with far less on the table and far less accomplished than we would have if we had come to that agreement six months ago or a year ago. my hope is yes, i certainly will weigh in on that and the degree that it does not impact on - devotee to do my job and the ability of the state
solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super...
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Jan 25, 2013
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madam secretary, you told the senate this morning the children of the tax around 4 p.m. on that day, and you're involved widely in the coordinator response which included the department of defense at the white house but did not speak to the president until later that evening. when did you talk to the president? >> two things. on a first lady made, carbon, the arb disagreed with that and did find that budget issues were asked to speak she testified under oath. >> that's why have an independent group like arb. that's why he was created to look at everything. so i think -- >> everybody has their own -- >> i think it's important -- [talking over each other] >> what about when you saw the president? when did you see the president? >> i talked to the present at the end of the day, but i've been in constant communication with the national security advisor. i had been on secure videoconferences with high level officials in the white house, in the defense department -- >> she testified she had witnessed the death in real-time, the attack on a monitor. at any time did you see the
madam secretary, you told the senate this morning the children of the tax around 4 p.m. on that day, and you're involved widely in the coordinator response which included the department of defense at the white house but did not speak to the president until later that evening. when did you talk to the president? >> two things. on a first lady made, carbon, the arb disagreed with that and did find that budget issues were asked to speak she testified under oath. >> that's why have an...
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Jan 25, 2013
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again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi mission? use of the numerous tables requesting and begging for additional security resources sent by the ambassador were never sent by the state officials above the assistant secretary or assistant secretary charlene. i know that you care about the people that work with you and the department so given the fact your testimony is in these multiple requests and no levels of these requests doesn't that give you some concerns about the flow of information in the department and maybe some of your other links of ability to prioritize and get your attention serious issues you said that you get hundreds of th
again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi...
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they either tax them or take them. >> personally, i don't care if you have a gun. i care if you have an assault weapon. if you need 30 rounds to take down a duck, maybe hunting's not you're thing. wayne lapierre, you're done. >> i recently saw this headline. research to resume on modified deadlier bird flu. this, it's not because scientists, you're dub. you're back to get back to work on
they either tax them or take them. >> personally, i don't care if you have a gun. i care if you have an assault weapon. if you need 30 rounds to take down a duck, maybe hunting's not you're thing. wayne lapierre, you're done. >> i recently saw this headline. research to resume on modified deadlier bird flu. this, it's not because scientists, you're dub. you're back to get back to work on
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there are no taxes in -- glen becky becky becky becky stan stan. >> there are no roads, police teachers, libraries, garbage pickup or sewage statement in -- >> glen becky becky becky becky stan stan. >> but you will friend off the wild animals and then the survivalist train willing kick in. who needs government. it is over rated. join us in -- >> glen becky becky stan stan. >> want to shoot your gun in all directions, go ahead. with a small down payment it can be yours. >> above the fruited plains. >> our future is in the past. >> stephanie: good call, producer chris. >> thank you. >> stephanie: you just dropped that out of nowhere. >> i did. it was just there. >> stephanie: a little comedy ribbon candy. oh by the way, my 90-year-old republican mom who i just took to dinner -- >> with the casket -- cassette player. >> stephanie: yes. the ipad mini is a little too small for my taste. you can't quite see. >> i think you can increase the font size? >> stephanie: oh, really? like i know how to do that. >> where is the font button? >> stephanie: yeah, is there a big button that says font? bu
there are no taxes in -- glen becky becky becky becky stan stan. >> there are no roads, police teachers, libraries, garbage pickup or sewage statement in -- >> glen becky becky becky becky stan stan. >> but you will friend off the wild animals and then the survivalist train willing kick in. who needs government. it is over rated. join us in -- >> glen becky becky stan stan. >> want to shoot your gun in all directions, go ahead. with a small down payment it can be...
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there's only two reasons for a federal list on gun owners, to either tax them or take them. >> cenk: that's absolute nonsense. what we're trying to figure out is who's felons, who's mentally ill. what's really interesting is that has not always been the nra position. there was an interesting article where they explained they switched positions earlier: >> cenk: it's interesting the parallel between a lot of the gun owners today and a lot of the owners back them. back then, the n.r.a. wasn't in favor of that. all of a sudden they started talking about gun control. the black panthers said: >> cenk: when the black panthers were saying that, the n.r.a. was not buying it. let me bring in the man who wrote the book on this, called "gunfight, the battle over the right to bear articles in america." talk to me about the context of the second amendment when passed. >> it was added to the constitution right when the framers were trying to adopt the new constitution. it was designed to protect the individual's right to have a firearm. the founding fathers didn't believe in a standing army. they
there's only two reasons for a federal list on gun owners, to either tax them or take them. >> cenk: that's absolute nonsense. what we're trying to figure out is who's felons, who's mentally ill. what's really interesting is that has not always been the nra position. there was an interesting article where they explained they switched positions earlier: >> cenk: it's interesting the parallel between a lot of the gun owners today and a lot of the owners back them. back then, the...
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won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will ever have to do something important for this nation in order to get things done no matter which party is in charge and go aheadet rid of the filibuster or at least fix it so that it can't -- it's not subject to such abuse and refuse to do it. just walked away from that opportunity. harry reid did. diane, up in buffalo new york hey, diane, good morning. >> hey, bill. how are you? >> bill: i am good. just a little -- caller: i am not just disappointed. i am angry. i am so angry at harry reid. you know, we fight the fight every day against these republicans against the middle class to
won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will...
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income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. do you think 63% is a fair share for the government? do you think any american should be cowed into living where the government can tax them most? i know wh
income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil...
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, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook for gas demand, though. coming up, oil futures saw a slight loss today, and posted their seventh week gain, longest advantage in four years, and chavez's health problem taking a toll on venezuela's oil industry credit line. investments from chinese, india, and russian energy companies reportedly drying up. chavez had the fourth cancer related surgery on september 11th, but has not been seen or heard from since then. coming up on money, the economic forum wrapping up, and surprise, surprise, they didn't solve any of the world's proble
, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook...
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. and yes, i said trillion >> hill the goals sneaking to america, take our jobs, a commit crimes, going welfare. no. most honest, hard-working
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. and yes, i said trillion dollars . ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cl
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
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but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's becomes your best friend, whether it's true for you and your children and not to my they are there for you. >> come for food, emotional food >> at the day she would fast food in general is it has the benefit of being quick and convenient. we live very busy lives. >> and cheaper. >> but it is not necessarily good for you. and i think that there are a lot of quick and convenient foods, even stuff from the can, canned beans have nutrients and then. jenniferish. so there is a good balance there. i see why people go to fast food as a nutritionist i have
but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's...
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we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really measures how stocks are correlating to the s&p 500. when stocks are correlating a lot, that's bearish stocks and it makes stock picking very, very difficult because really you're picking stocks,
we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really...
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he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get better in spite of the economy. supply and demand. for household formation. connell: wait a minute, a drop in sales came in. we will sort all this out coming up. and flipping houses and fixing them up. vanilla ice, of all people, is with us during this hour. republicans need to get tougher and cut federal programs. 58% of americans oppose anything happening. we are going to start with the stock market. we have been talking about this. we are up again today with nicole petallides covering it from the new york stock exchange. nicole: it shows you what we are just 3
he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get...
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radical tax reform a different -- flat tax for having these non-negotiable ious with social security chained to a marketable bonds. you can make it debt payments. how about passing a law saying you cannot use the medicare money for obamacare. start throwing in offense. pass these things. that harry reid on -- dagen blocking a bill. david: is comments notwithstanding, the budget is lower than it was during a eisenhower, which is nonsense, we have seen the budget. we saw from 2009 when the budget went way up. but that just stayed there. we can show the figures from two dozen day through 2012 showing that we are now at 25% per gdp level of spending. that is the norm now. >> this president understands spending is power. that is why his notions of cutting spending when he says it, he feels he has to say it, absolute nonsense. he once more, not less. republicans should come across not just as accountants, but start getting some of these ridiculous things like feeding heroin to monkeys and programs like that that we're going to discuss. david: that was a real program that we will be talking
radical tax reform a different -- flat tax for having these non-negotiable ious with social security chained to a marketable bonds. you can make it debt payments. how about passing a law saying you cannot use the medicare money for obamacare. start throwing in offense. pass these things. that harry reid on -- dagen blocking a bill. david: is comments notwithstanding, the budget is lower than it was during a eisenhower, which is nonsense, we have seen the budget. we saw from 2009 when the budget...
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next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex o
next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how...
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how we get tax reform in place to make americans and american corporations competitive again, globally. big thing for dow chemical. we want to reinvest in america because we can be competitive out of america. that agenda has to be put on the national agenda. i know the second term president is very keen on doing that. liz: the first term president was accused of being anti-business or not as friendly to business even though he brought a lot of business leaders to the white house and listened to them. many of them sat here and said you know what liz, though, he listened but i didn't see anything effectuated. do you think it's a different time now with president obama? >> i'm very fortunate that i was one of the ones that was called upon very early to help first term president obama. you've got to understand where he's coming from and his agenda and how he got voted in. liz: how hard is it to understand that businesses create jobs? >> not hard, but how hard is it to actually put the agenda ahead of the other agendas, probably difficult. but now the agenda is here. by the way, it transcen
how we get tax reform in place to make americans and american corporations competitive again, globally. big thing for dow chemical. we want to reinvest in america because we can be competitive out of america. that agenda has to be put on the national agenda. i know the second term president is very keen on doing that. liz: the first term president was accused of being anti-business or not as friendly to business even though he brought a lot of business leaders to the white house and listened to...
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he was targeted by the tea party because he was considering raising taxes. >>> they must provide sports for disable students much like title iv expanded opportunities for girl students, students with disabilities must be provided access to extracurricular sports. back to tracy and ashley. tracy: rick folbaum, thanks very much. honeywell beat the street with its latest quarterlyly report. sandra smith has the trade. >> halliburton getting a boost in today's session. when you think halliburton you think fracking. but they saw weakness in north america. that led to a drop of about 26% for their quarterly profit because they beat expectations. the stock is really off to the races today. by the way look at the shares just under 40 bucks. the average analyst has a overweight rating with a $43 billion price target. many see as a good buy at these levels even following that report. as far as manufacturing is concerned look at honeywell. look at this steady eddie chart. year-to-date the stock has been strong, nearly $70 a share. right now the average price target is 72 with an overweight rating.
he was targeted by the tea party because he was considering raising taxes. >>> they must provide sports for disable students much like title iv expanded opportunities for girl students, students with disabilities must be provided access to extracurricular sports. back to tracy and ashley. tracy: rick folbaum, thanks very much. honeywell beat the street with its latest quarterlyly report. sandra smith has the trade. >> halliburton getting a boost in today's session. when you think...
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fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much i'm making. >> i know what the tax rates are. >> sean: what-- >> but i have a bone to pick with you, sean. we made a bet on the election. >> sean: oh, boy. >> that you were going to take me to dinner if the president won, well, we had the inauguration, he won, sean and my friend mario in chicago, he watched your show, he told me you would never take a democrat to dinner. >> sean: i will so. >> he said it would never happen. i told awe month ago. >> i paid off. >> and spending will not solve your obligation, more spending is not the answer, redistributing wealth. >> that's why i have come to prove what-- that you would have dinne
fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much...
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nevada tax accountant george ashley says he knows. nice to see you, george. >> hello, greta, thank you for having me. >> greta: what's the story? people who live on the border of nevada and california are making the quick move to nevada? >> well, that's the people living on the border, but people from all sorts of places in california who want to avoid the california tax, a lot of them are thinking about packing up and moving and a lot of them are doing it. >> greta: what would be the reason, folks from deeper into the state away from nevada, but if you live on the border of california, unless you're really wedded to your house, why not move the mile into nevada and save yourself 13.3%? >> absolutely. absolutely. >> when does it make sense? suppose i have a business in california and i'm thinking of selling my business, should i move to inform nenevada before it or stuck paying the taxes no matter what. >> depends on the sale. if you're selling stock in the business, for example, you could very well become a non-resident of california
nevada tax accountant george ashley says he knows. nice to see you, george. >> hello, greta, thank you for having me. >> greta: what's the story? people who live on the border of nevada and california are making the quick move to nevada? >> well, that's the people living on the border, but people from all sorts of places in california who want to avoid the california tax, a lot of them are thinking about packing up and moving and a lot of them are doing it. >> greta:...
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to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. colleagues with "the five." ♪ ♪ ♪ ♪ >> greg: disgusting. >> dana: you're disgusting. >> greg: that is a sick song. >> dana: can i do my segment? we're going to talk about you. soda ban about to go in effect in new york city but has new opposition that used to be for it. they were for it before they were against it. we'll tell you about that in a second. start with this. a new study done by daniel callahan, a senior research fellow at the hastings center. he put out a paper this week. see how skinny he is. he thinks it's maybe time to start shaming people who ar
to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. colleagues with "the...
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what happens is when you don't pay your taxes you own a house and you don't pay property taxes, the town will likely put your name and address in the newspaper. so squatters or people look for the houses, and they go and start living in there. if they are in there a certain amount of time the law says you can't throw them out. >> bob: seven years, right? >> eric: you can't throw them out. >> andrea: you are defending a 23-year-old brazilian guy. by the way, squad in a house in brazil. this house is owned by bank of america. doesn't it point to the largeer problem. b-o-a have all the houses in foreclosure they can't seem to sell. >> greg: end of private property. occupiers love this stuff. >> bob: i don't know why occupy wall street didn't come up with this. >> greg: they tried. they occupied people's homes that didn't want them in there. happened in brooklyn. they kicked out a family, a family wasn't there, and they tried to get back in. >> there is where they aren't that bright. they had just gone to a vacant house. boston you don't call it bright? >> eric: no. occupy people. whatever.
what happens is when you don't pay your taxes you own a house and you don't pay property taxes, the town will likely put your name and address in the newspaper. so squatters or people look for the houses, and they go and start living in there. if they are in there a certain amount of time the law says you can't throw them out. >> bob: seven years, right? >> eric: you can't throw them out. >> andrea: you are defending a 23-year-old brazilian guy. by the way, squad in a house in...
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phil mickleson in trouble over his tax comments. corolla is next >> bill: back of the book segment tonight. rolling with corolla, one of the highlights of the media coverage of the inauguration was this. >> mr. president, mr. president! mr. president! mr. president! how is it going? is the weather good? is that fantastic? mr. vice president? mr. vice president! hey, how you doing? come on! come on! [ laughter ] yes! >> bill: joining us now from los angeles with some -- adam corolla. you know roker? do you know him? >> no. >> bill: i feel like i know him. >> but he just seems like a crazy uncle who i've never met. >> bill: he's not crazy. he's always been respectful to me. but he certainly got in the tune or the swing of the inauguration very quickly. >> right. how about a little decorum? he does the weather and the news. all i'm saying is he's not a 1-year-old meeting one of the backstreet boys. and by the way, biden shakes your hand? i think if he made $20 donation to the campaign biden would come it your house and shake your hand.
phil mickleson in trouble over his tax comments. corolla is next >> bill: back of the book segment tonight. rolling with corolla, one of the highlights of the media coverage of the inauguration was this. >> mr. president, mr. president! mr. president! mr. president! how is it going? is the weather good? is that fantastic? mr. vice president? mr. vice president! hey, how you doing? come on! come on! [ laughter ] yes! >> bill: joining us now from los angeles with some -- adam...
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that is because of tax hikes including the payroll tax. don't worry you don't have to stop saving actually. vera gibbons has sop tips. everyone is hit with this. 160 million americans are affected. >> start by with justing your withholding. go back take a look at your w 4. 75 percent of them get a refund. average refunds are coming in at 4,000. it will push down your withholdlings and brighten up your take home pay. >> do you want your money now or do you want to get it back later. >> fur getting too much of a refund you rely on the refunds you are not having the right amount with he would had. >> have aing you'll tvaluable t. >> the earned income tax credit for example only 6 million americans they don't know they are elible or they don't know how to claim it. you are leaving free money on the table. you want to take advantage of all of the job hunts expenses mortgage interest deductions a slew of valuable breaks. claim them. >>> max out your 401 k. >> this one goes without saying. you have got to plan at work max it out. gone up to 17,50
that is because of tax hikes including the payroll tax. don't worry you don't have to stop saving actually. vera gibbons has sop tips. everyone is hit with this. 160 million americans are affected. >> start by with justing your withholding. go back take a look at your w 4. 75 percent of them get a refund. average refunds are coming in at 4,000. it will push down your withholdlings and brighten up your take home pay. >> do you want your money now or do you want to get it back later....
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so if someone is going to good into a property and take care of it and the tax collect you're, they can live there and if they live there long enough without the real owner interceding they can make it a reality reality of opening it. >> people say you don't pay taxes in florida. this house you pay $40,000 a year, and that's the reason the law exists, they want their money. >> that has a lot to do with it. >> so if he comes up with themake there's nothing bank of america can do? what i they say we want to sell it? >> actually, back of america can file an ejectment action, and if they can prove there's a rightful owner, they can have him put out. >> if that's the case thanksgiving the law was protecting him. >> the law will protect him from being thrown out without the real owner interceding. opposite the real owner comes during the seven-year period they can have him thrown out. what happens often is the real owner never comes back or the bank forgets they own it. >> knowing florida real estate and what has happened over the last ten years, i'd surprised if a big red bank can prove anyt
so if someone is going to good into a property and take care of it and the tax collect you're, they can live there and if they live there long enough without the real owner interceding they can make it a reality reality of opening it. >> people say you don't pay taxes in florida. this house you pay $40,000 a year, and that's the reason the law exists, they want their money. >> that has a lot to do with it. >> so if he comes up with themake there's nothing bank of america can...